Noah Holdings Increases Share Issuance with New Shares

Noah Holdings (NOAH) has released an update.

Noah Holdings Private Wealth and Asset Management Limited announced a minor increase in its issued shares, adding 17,316 new ordinary shares as part of their share issuance mandate. The change, effective from November 26, 2024, brings the total to 331,533,979 shares. The shares were issued at a price of USD 2.308 each, reflecting the closing market price of the company’s American Depositary Shares.

For further insights into NOAH stock, check out TipRanks’ Stock Analysis page.